Author: rb809rb

  • Zcash (ZEC) Social Buzz Vanished Before Its ETF Even Launched: Data

    Zcash (ZEC) Social Buzz Vanished Before Its ETF Even Launched: Data

    Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This week, asset manager Grayscale Investments launched the first exchange-traded fund that tracks the spot price of $ZEC.

    But interest in the privacy-focused token peaked shortly before its price reached a recent high.

    Zcash Crowd Showed Up Early

    Data shared by Santiment revealed that social chatter faded by the time the $ZEC spot ETF launched. Grayscale converted its 2017 Zcash trust into a spot ETF, which began trading on NYSE Arca on August 25.

    Ahead of the launch, the asset climbed from around $509 on August 18 to about $878 on August 23, posting a gain of roughly 72%. Social mentions reached 232 on August 22, which is around six times the usual August baseline. However, that surge in attention did not last.

    Mentions had returned to their baseline level by the ETF’s launch day. According to Santiment, social activity peaked one day before $ZEC’s price high, which suggested that much of the crowd interest arrived ahead of the market’s high.

    Since reaching about $878, the token has pulled back to roughly $789, a decline of around 10% from the recent peak.

    Zcash Challenging Bitcoin?

    Grayscale Research believes $ZEC could emerge as a serious challenger to Bitcoin’s network effects as demand for financial privacy grows. In a report by Head of Research Zach Pandl, the firm said Bitcoin remains dominant among digital currencies. While alternatives such as Litecoin have emerged, none has seriously challenged BTC’s position.

    Grayscale, however, stated that Zcash could be different because it combines Bitcoin-like characteristics with privacy features that may become more important as AI-powered surveillance expands. The report also points to the ecosystem’s active development, which aims to address cybersecurity risks, including potential threats to traditional cryptography from quantum computing.

    Another advantage is its cross-chain reach through “intents” technology built into modern blockchain wallets, which allows Zcash to function as a private asset hub without requiring broad merchant adoption. $ZEC has already gained around 19 times over the past year but remains worth less than 1% of Bitcoin’s market capitalization. Grayscale said Zcash’s financial privacy and other features may be undervalued, thereby leaving room for further upside.

  • Target: 20 rumors we’ve analyzed

    Target: 20 rumors we’ve analyzed

    Did Target Partner with Designer Whose Work Includes Satanic Imagery?

    Read More

  • Shailene Woodley Recalls Her “Dream” Role as Mary Jane Being Cut From ‘The Amazing Spider-Man 2’

    Shailene Woodley Recalls Her “Dream” Role as Mary Jane Being Cut From ‘The Amazing Spider-Man 2’

    Shailene Woodley is reflecting on the time her “dream” role as Mary Jane Watson was cut from The Amazing Spider-Man 2.

    Speaking with the SAG-AFTRA Foundation’s Conversations recently, Woodley shared her reaction to learning that her scenes with Andrew Garfield, who starred as Peter Parker/Spider-Man, had been cut from the final film. The actress said she didn’t find out until about a year after she had finished filming the scenes for the Sony Pictures movie, which was released in theaters in May 2014.

    “That was a fun phone call,” she joked.

    “I was cast as Mary Jane for Spider-Man, which was my dream. Oh my god, Spider-Man’s my favorite superhero; Mary Jane was my favorite character growing up. So, when I got it, I was like, ‘This is so exciting!’”

    The Big Little Lies star continued, “We filmed like three scenes together, me and Andrew Garfield. And then, like a year later, they were like, ‘So, you’re not in the movie anymore.’ And I was like, ‘What? What do you mean?’ And they’re like, ‘We’ve introduced a lot of new characters in this last one, and we’re going to wait for whatever happens between [Emma Stone] and Andrew [Garfield].’”

    Woodley said she was told the filmmakers planned to introduce Mary Jane after Peter’s relationship with Gwen Stacy, played by Stone, came to an end.

    “They were like, ‘Let’s wait for her to die, and then we’ll introduce Mary Jane.’ Which made sense, but then they didn’t make that film. So, there was no reintroduction,” Woodley said. “That’s what I was told, but again, who knows what the truth is? I could have been terrible, and they were like, ‘We can’t do this.’”

    The Hollywood Reporter reported in 2013 that Woodley’s scenes had been cut from the film. At the time, director Marc Webb said the decision was made to streamline the story and focus on Peter and Gwen’s relationship.

    “Shailene is an incredibly talented actress, and while we only shot a few scenes with Mary Jane, we all love working with her,” Webb said.

    Mary Jane had previously been established as Peter Parker’s main love interest in Sam Raimi’s original Spider-Man trilogy, with Kirsten Dunst playing the character opposite Tobey Maguire. Garfield’s iteration of the franchise instead centered on Peter’s relationship with Gwen Stacy, played by Stone. Bryce Dallas Howard also appeared as Gwen in 2007’s Spider-Man 3.

    Sony ultimately shelved plans for a third Amazing Spider-Man movie following the release of The Amazing Spider-Man 2, which underperformed compared with expectations. Garfield, meanwhile, eventually returned as Spider-Man alongside Maguire in 2021’s Spider-Man: No Way Home.

    Garfield has previously described returning to the franchise as “really healing” and has teased that he would be open to reprising Spider-Man “if it was the right thing.”

  • Venice Film Festival Jury Press Conference ‘Probably Not’ Happening Due to Scheduling, Will Replace Event With Welcome Cocktails for Journalists

    Venice Film Festival Jury Press Conference ‘Probably Not’ Happening Due to Scheduling, Will Replace Event With Welcome Cocktails for Journalists

    The Venice Film Festival is weighing scrapping its traditional opening jury press conference on the Lido.

    The festival, which kicks off Sept. 2 with the world premiere of Danny Boyle’s “Ink,” told Variety that the presser will “probably not” take place, citing a scheduling conflict, and said a welcome cocktail hour with the press will be organized instead. If the press conference is axed, it could raise eyebrows given the political pressure building around Venice this year.

    Last year’s Venice opening jury press conference was dominated by questions about Gaza, with then-jury president Alexander Payne saying he felt “unprepared” to answer a question about the conflict and was blamed for seemingly dodging it.

    The news comes just days after Nobel Prize-winning author Annie Ernaux, Pink Floyd co-founder Roger Waters and filmmakers including Matteo Garrone and Isabel Coixet signed an open letter urging the Venice Biennale and film festival to take “concrete action in support of Palestine.” The letter was organized by the Venice4Palestine collective, which similarly targeted the festival last year and had urged the event’s organizers to withdraw invitations to Gerard Butler and Gal Gadot over their previous support for Israel.

    Venice artistic director Alberto Barbera has described this year’s lineup as Venice’s “most political” in recent years, with films tackling war, Palestine, immigration, climate change and shrinking political freedoms. Earlier this week, the fest added “NAZA,” a new hot-button documentary from “No Other Land” directors Yuval Abraham and Rachel Szor, to the Venice competition lineup.

    The festival’s main competition jury is headed by Maggie Gyllenhaal and includes Tunisian filmmaker Kaouther Ben Hania, whose acclaimed “The Voice of Hind Rajab,” about the killing of a five-year-old Palestinian girl in Gaza, premiered at Venice last year and won the Silver Lion Grand Jury Prize. Other jurors are Daniel Blumberg, Francesco Casetti, Xavier Giannoli, Shahrbanoo Sadat and Johnnie To.

  • Will the Fed Raise Interest Rates in September? The Latest Probability Figures Are In

    Expectations that the Fed may raise interest rates at its September meeting have risen significantly following cautious remarks on inflation by Fed Chairman Kevin Warsh. The probability of a rate hike in forecasting markets has approached its highest levels in recent times, while bond yields have also seen a sharp increase.

    Market expectations are rapidly changing ahead of the Fed’s monetary policy meeting on September 16th. According to data from the forecasting markets, the probability of the Fed maintaining current interest rates is around 55%, while a 25 basis point rate hike is priced at around 46%. A larger rate hike is seen as having only about a 1% probability.

    CME Group’s FedWatch tool shows that investors have increased the probability of a rate hike at the September meeting to 55.7%. This represents an increase of approximately 20 basis points in just one day.

    Warsh: No Significant Improvement in Inflation Trend

    Federal Reserve Chairman Kevin Warsh, in a speech at the Jackson Hole symposium in Wyoming, noted that inflation remains high.

    Warsh acknowledged that the inflation data released during the summer was more positive than expected, but said that it did not indicate a lasting improvement in underlying inflation trends.

    Warsh stated, “While inflation data released this summer was better than expected, it doesn’t indicate a significant improvement in underlying trends.”

    The Fed chairman also added that it is necessary to ensure that inflation is moving clearly and quickly enough toward the level targeted by the central bank.

    Warsh signaled that otherwise the Fed might need to tighten monetary policy further, saying, “Otherwise, we have more work to do. This is our duty, our authority, and our responsibility.”

    However, Warsh did not offer any direct guidance on how the Fed will act in upcoming meetings, nor did he provide a definitive framework for what economic data interest rate decisions will depend on.

    US Treasury Yields Rise Sharply

    Following Warsh’s speech, US stock indices rose while selling pressure was observed in the bond market.

    The yield on the 2-year US Treasury bond, which is highly sensitive to expectations regarding the Fed’s interest rate policy, rose by approximately 8 basis points to 4.31 percent. This marks the highest level for the 2-year bond yield since the end of July.

    The rise in short-term bond yields indicates that investors’ expectations are strengthening that the Fed may implement a tighter monetary policy in the coming period.

    With approximately two and a half weeks to go until the September meeting, the new inflation and employment data to be released are expected to be critical in determining the direction of interest rate expectations. If inflation remains stronger than expected, the likelihood of an interest rate hike will increase, while a significant slowdown in price pressures could reinforce expectations that the Fed will keep interest rates unchanged.

    *This is not investment advice.

  • Delete Your Monthly Microsoft Office Bill With This $30 Lifetime License

    Delete Your Monthly Microsoft Office Bill With This $30 Lifetime License

    TL;DR: Score Microsoft Office Professional 2021 for Windows for $29.97 (MSRP $219.99) through September 1. You’ll get Word, Excel, PowerPoint, Outlook, and more with a one-time license instead of another monthly subscription.

    If you’re still paying for Office every month, there’s a simpler way to get the apps you actually use. For a one-time payment of just $29.97 (MSRP $219.99) until September 1, Microsoft Office Professional 2021 for Windows gives you a full desktop Office suite without a recurring subscription.

    The license includes Word, Excel, PowerPoint, Outlook, Publisher, Access, OneNote, and the free version of Teams, making it useful for everything from everyday documents to more involved work projects.

    More To Like About Office 2021:

    • Compatible with Windows 10 and 11

    • Works offline after installation

    • License is tied to your device, not your Microsoft account

    • Instant download and license delivery

    The redesigned interface also includes customizable tools and quick-access features, while the lack of cloud dependency means you can keep working even when your internet connection decides to take the day off.

    Through September 1, get a lifetime license to Microsoft Office Professional 2021 for Windows for $29.97 (MSRP $219.99) and skip the monthly subscription.

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  • ‘Days of Thunder’ Sequel: Anne Hathaway Joins Tom Cruise, Release Date Set at Paramount

    ‘Days of Thunder’ Sequel: Anne Hathaway Joins Tom Cruise, Release Date Set at Paramount

    Anne Hathaway has joined Tom Cruise for the Days of Thunder sequel, The Hollywood Reporter has confirmed. Paramount has set a June 2, 2028, release date for the follow-up to the 1990 movie, which will also be filmed for Imax and released in theaters in Dolby Cinema, 4DX and premium large formats.

    Cruise will return as NASCAR driver Cole Trickle, while Hathaway will play a team owner and engineer. Further plot details are under wraps. The Top Gun star will also produce alongside Jerry Bruckheimer and Tommy Harper.

    A script will be penned by Will Staples, with Jonathan Levine set to direct, as THR exclusively reported in July. Staples has previously written video games including Call of Duty 3: Modern Warfare and co-wrote the Michael B. Jordan action movie Without Remorse.

    Days of Thunder was a reunion for Cruise with his Top Gun director, Tony Scott, and is considered one of the actor’s most memorable roles. The film followed Cole as he was recruited by a retired racing legend, played by Robert Duvall, to a new NASCAR team. Additional castmembers included Nicole Kidman, Cary Elwes and Randy Quaid.

    Cruise’s films, including Top Gun, Top Gun: Maverick, Risky Business, Jerry Maguire, the Mission: Impossible series, have helped make him one of Hollywood’s biggest box office stars, with his films grossing more than $13 billion globally. Next up, he is set to star in Digger, directed by Alejandro G. Iñárritu, which will be released in theaters on Oct. 2.

    Hathaway is coming off a packed release schedule, with films such as The Devil Wears Prada 2, The Odyssey and The End of Oak Street debuting this year. The Oscar winner’s next role is in Verity, based on Colleen Hoover’s bestselling novel, which is also set for release on Oct. 2.

  • Met Gala Organizers Reportedly Mulling Date Change Amid John Galliano Backlash

    Met Gala Organizers Reportedly Mulling Date Change Amid John Galliano Backlash

    Organizers of the Met Gala are reportedly considering changing the date of the 2027 event amid growing backlash over plans to honor John Galliano. 

    In July, the Metropolitan Museum of Art announced that Galliano’s work would be spotlighted in the Met’s Costume Institute. This exhibition serves as the centerpiece for the annual Met Gala, an event attended by the most elite of the A-list, with one of the most coveted invites. This would make him the third living designer to receive a solo exhibition at the Met, following Yves Saint Laurent in 1983 and Rei Kawakubo in 2017.

    At the time, it was announced that the exhibit would feature all the highs and lows, including his antisemitic rant. Galliano is credited with growing luxury-fashion brand Dior into a global giant. However, he was fired by the company in 2011 after video footage surfaced showing the designer, who was inebriated, making antisemitic remarks in a Paris café. Galliano retreated from public life for two years and was found guilty by a Paris court of public insults based on religion, race and ethnicity. He received a fine and was forced to pay damages and court fees. Galliano met with Jewish leaders and rabbis following the scandal and received blessings from groups like the Anti-Defamation League.

    The exhibit is scheduled to kick off May 3 with the Met Gala, which is overseen by Anna Wintour, Vogue’s global editorial director who also serves as a Met trustee. However, a growing number of voices are criticizing the plan to honor Galliano. According to The New York Times, criticism has grown stronger.

    “In recent days, opposition to the museum’s plan to honor Galliano has grown among Jewish leaders in New York and beyond,” The Times reported. “Donors have contacted Met executives and threatened to rescind gifts to the museum if the exhibition moves forward as planned.”

    As a result, Met trustees and board members “have been scrambling to do damage control,” The Times reported. This includes possibly moving the date of the Met Gala, which is always held the first Monday in May, to the following week. The current date of May 3 also happens to be Yom HaShoah, also known as Holocaust and Heroism Remembrance Day, The Times noted.

    Last week, New York City Council speaker Julie Menin posted a letter to Wintour, Costume Institute curator Andrew Bolton and Met director Max Hollein, saying the decision to honor Galliano was “a serious mistake.” While noting that his influence in the fashion world has been “enormous” and “unquestionable,” Menin added that she had “deep concern” about the decision to honor Galliano.

    “Mr. Galliano’s long public record of antisemitism, racism and anti-Asian bigotry is deeply troubling,” Menin wrote. “His conduct was repeated and significant. He was criminally convicted in France for racist and antisemitic public insults. He was also captured on video praising Adolf Hitler and telling others that their ancestors would have been ‘gassed.’ That is not behavior that should be easily overlooked or normalized. Recently, there were reports of a similar antisemitic incident that allegedly occurred in 2019.

    “At a time when our city is confronting a serious rise in antisemitism, anti-Asian hate, and other forms of hatred, I find the decision to so prominently honor someone who has engaged in this behavior to be wholly inappropriate. New York City is one of the most diverse cities in the world.”

    Menin added that she was “deeply concerned about the process through which this decision was made. Mr. Galliano’s rhetoric and conduct, including the alleged 2019 incident, should have been more thoroughly investigated.” She urged organizers to “reconsider” their decision and suggested other ways Galliano could be honored, including a “contextual exhibit or educational program.”

    “The Met is one of New York City’s most treasured and visible cultural institutions. Its choices carry enormous weight, both here and around the world,” she continued. “I believe this choice falls short of the standard New Yorkers should expect from it.”

  • Anne Hathaway Joins Tom Cruise in ‘Days of Thunder’ Follow-Up; Paramount Sets Release Date (EXCLUSIVE)

    Anne Hathaway Joins Tom Cruise in ‘Days of Thunder’ Follow-Up; Paramount Sets Release Date (EXCLUSIVE)

    Anne Hathaway will star opposite Tom Cruise in the next chapter of “Days of Thunder,” Variety has learned exclusively.

    Paramount Pictures has dated the feature film sequel for June 2, 2028, when Cruise and Hathaway will hit the road almost 40 years after the original Tony Scott film was released. The project will be shot for IMAX screens, and released exclusively in theaters for formats including Dolby Cinema and 4DX. Cruise released a promotional image on Saturday celebrating Hathaway’s casting and posing with his co-lead on a NASCAR track.

    Cruise will reprise his role as the scrappy driver Cole Trickle. Plot details are scarce, but Hathaway is set to play a racecar team owner and engineer. Jonathan Levine (“Long Shot,” “Mr. Irrelevant”) is confirmed to direct. Cruise is producing alongside Jerry Bruckheimer and Tommy Harper.

    In the original, Cruise’s Trickle gets recruited to a new NASCAR team by a retired racing legend (Robert Duvall). The first film also starred Nicole Kidman, Randy Quaid and John C. Reilly.

    Hathaway has been on a tear in 2026, with four films in theaters including “Mother Mary,” “The Devil Wears Prada 2,” “The Odyssey” and “The End of Oak Street.” The expecting movie star will close out the year with the Coleen Hoover adaptation “Verity.” She’s just wrapped production on the Adam Driver military drama “Alone at Dawn,” and is working on a three-quel to her star-making Disney movie “The Princess Diaries.” Hathaway is represented by CAA, Entertainment 360 and Apex Public Relations.

    The ”Days of Thunder” follow-up is the first significant piece of IP that Cruise will engage with after ramping down the “Mission: Impossible” franchise. He’s also on the hook for another “Top Gun” movie, and will return to the prestige drama space with this year’s Alejandro González Iñárritu film “Digger.”

  • ‘New Girl’ Reunion Is Not Happening: ‘There Are No Scripts,’ Says Creator Liz Meriwether

    ‘New Girl’ Reunion Is Not Happening: ‘There Are No Scripts,’ Says Creator Liz Meriwether

    “New Girl” isn’t coming back anytime soon.

    Despite recent claims by Max Greenfield, who played Schmidt on the hit Fox sitcom, that he has read “amazing” scripts for a reunion, show creator Liz Meriwether insists, “There are no scripts.”

    I caught up with Meriwether at the Season 1 finale screening of her latest hit series “Furious” on Thursday night at the DGA in West Hollywood.

    “I don’t even have the scripts written for the things that I need to have scripts written for,” said Meriwether, who is adapting Britney Spears’s memoir “The Woman in Me” for a movie to be directed by Jon M. Chu and produce by Marc Platt.

    Greenfield set off speculation about a “New Girl” reunion in late July when he said during an appearance on “Today with Jenna & Sheinelle,” “As far as I know, it’s happening. I’ve seen scripts, they’re amazing.”

    Meriwether responded to Greenfield’s claim with a very tongue-in-cheek video on Instagram. “Max told everybody that there’s amazing scripts of a ‘New Girl’ reunion that I’ve written. Um — and just an update on that — the scripts were pretty good until everybody just started giving me notes on every little thing,” she cracked, before listing changes all of the stars of the show requested.

    For now, Meriwether told me, “I’ve honestly been enjoying this thing, whatever this is, that’s like this back and forth between the cast and me, and I think this is the show and I feel like maybe in the world of the internet…maybe the show is just this, these little videos, maybe that’s the reunion. I don’t know.”

    “New Girl” ran for seven seasons from 2011 to 2018.

    Greenfield eventually clarified his remarks exclusively with Variety, joking that he was confused because a reunion of sorts is happening. The cast, including Zooey Deschanel, Jake Johnson, Lamorne Morris, Hannah Simone and Damon Wayans Jr., will reunite at the Chrysalis Butterfly Ball in Los Angeles on Oct. 10 to receive the Rising Phoenix Award. Greenfield serves as host of the gala.

    The Rising Phoenix Award will recognize the series’ theme of starting over and people who make starting over possible.

    As for the Spears biopic, Meriwether said she can’t say much because it’s too early in the process: “It’s really interesting because I haven’t written a movie in a long time, so that’s been part of the process is just trying to think in a two-hour story as opposed to like an eight-hour story, which is what I’ve been used to doing.”

    She has yet to meet the “…Baby One More Time” hitmaker. “I would love to,” Meriwether said.

    Scoot McNairy, Emmy Rossum, Quincy Tyler Bernstine and Liz Meriwether at the “Furious” Los Angeles special screening at the DGA Theater on Aug. 27 in Los Angeles.

    Variety via Getty Images